Inventory of mobile phones and batteries for retail

Entrepreneur

About Me

John Nandwa was born in 1980 and the lastborn in a family of four. I went to Emutetemo primary school and did my form four in Jemovo high school. I set up a small bisiness that deals in mobile accessories, M-pesa and Airtel money. This was as a result of after I was left home to stay with my parents who faced financial restrains. I was to wake up to the call.

My Business

I operate a mobile accessories shop among other like M-pesa and Airtel Money. I have two outlets (branches) that deal with the same as expanding my bounderies.
I buy Phones on wholesale @ kes.2000 and sell at retail price of Kes.3500. Phone battries @300 and sell @700. On Airtel money a transaction of 0.5 Million earns me a commission of Kes. 10,000. M-pesa transaction of Kes. 2Million earns me a commission of Kes.25000 per month. I want to use this second Loan to expand my area of operation. As the first one was a step forward to achiving my dream. Thanks to zidisha.

Loan Proposal

Will buy four Phones on wholesale @ Usd 23 and sell at retail price of Usd 41 Will also buy twelve Phone battries @usd 3.5 and sell @usd 8.2. On I also deal with Airtel money where a transaction of USD 5882 earns me a commission of Usd. 117. M-pesa transaction of USD 23,529 earns me a commission of Usd. 294 per month. I want to use the Loan to expand my area of operation and business itself.

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Loan Info

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